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AK SB23

Bill

Status

Introduced

1/16/2019

Primary Sponsor

Rules

Click for details

Origin

Senate

31st Legislature

AI Summary

  • Appropriates $1,061 per eligible individual from the earnings reserve account for supplemental 2016 permanent fund dividend payments to be distributed with 2019 dividends (fiscal year ending June 30, 2020)

  • Appropriates $1,289 per eligible individual for supplemental 2017 permanent fund dividend payments to be distributed with 2020 dividends (fiscal year ending June 30, 2021)

  • Appropriates $1,388 per eligible individual for supplemental 2018 permanent fund dividend payments to be distributed with 2021 dividends (fiscal year ending June 30, 2022)

  • Appropriates amounts authorized under AS 37.13.145(b) for regular permanent fund dividend transfers for fiscal years ending June 30, 2020 through June 30, 2023

  • Appropriations for supplemental payments are contingent on passage of a companion bill requiring the revenue commissioner to include these payments with the respective year's dividend distributions

Legislative Description

Approp:supp. Payments Of Prior Years' Pfd

Public Finance

Last Action

REFERRED TO FINANCE

3/29/2019

Committee Referrals

Finance3/29/2019
State Affairs1/16/2019

Full Bill Text

No bill text available